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Bitcoin dips as investors await key US inflation data; oil prices rise amid Middle East supply normalization.

Market News
30 Sep 2026
Coindesk
View Source
Neutral
Bitcoin dips as investors await key US inflation data; oil prices rise amid Middle East supply normalization.

Bitcoin slipped 0.3% to about $83,700 as traders awaited the US personal consumption expenditures (PCE) price index, a key inflation gauge expected to show rising inflation in August. Higher inflation could prompt further Federal Reserve rate hikes, influencing bond markets and investor sentiment. Meanwhile, Brent crude oil prices rose above $103 per barrel, up 14% in September despite Middle East crude flows returning to pre-war levels. Treasury yields stabilized after recent highs, and the US dollar remained strong. Cryptocurrencies showed mixed performance, with Ether down 0.7% and some altcoins fluctuating. Onchain data indicates a decline in bitcoin spot demand and futures growth. Investors also watch Micron Technology's upcoming earnings as a gauge for AI-linked stocks amid market volatility.

Bitcoin market conditions as of Sep 30, 2026 17:21 WIB show mixed cryptocurrency performance on Pluang. Of 50 major cryptocurrencies priced, 20 rose and 29 fell today. Notable movers include ATOM (Cosmos) at Rp30.936 with a 1-day change of -3.29%, UNI (Uniswap) at Rp158.092 down 3.09%, and ADA (Cardano) at Rp4.424 down 2.92%. The most notable figure is the typical hold time on Pluang for ADA at 126 Days.

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